Owners of Iranian Fuel Seized by US Assert Rights to Cargoes
The owners of four Iranian fuel cargoes that were confiscated by U.S. authorities last month mounted a challenge to the seizure, asserting their rights to control the cargo…
Mitsubishi Unveils New Marine Propulsion Engine
Mitsubishi Turbocharger and Engine America (MTEA) has introduced Mitsubishi’s new mechanical controlled, EPA Tier 4, 1,260-horsepower heavy-duty marine propulsion engine.The Mitsubishi S12R Tier 4 is a 49-liter, V-12, 1,260-horsepower marine propulsion engine operating at 1,600 rpm. While the engine offers simple mechanical controls and big displacement, it utilizes SCR technology in meeting the NOx Tier 4 emission requirements.
Venezuela's Oil Exports Rise in August on Sales to India
Venezuela's oil exports recovered slightly in August after two months at historic lows, boosted by increased sales to India, according to internal documents from state-run oil firm PDVSA and Refinitiv Eikon data.Overall exports of crude and fuel rose to 437,600 barrels per day (bpd) in August, according to the data, more than the roughly 400,000 bpd in June and July, which were the lowest levels since…
Chevron Tanker Receives ABS SMART-MHM Notation
ABS and Chevron Shipping Company LLC have embarked on a digital fleet management journey.As a first step, the Suezmax lightering vessel Pegasus Voyager has become the first vessel in Chevron’s fleet to qualify for the ABS maintenance optimization notation SMART-MHM (Machinery Health Monitoring), with more vessels expected to follow. The ship is also the first ABS-classed to receive the notation.ABS…
All-electric Autonomous RoRo Ships Under Development
Kongsberg Maritime and Massterly (a Kongsberg Wilhelmsen joint venture) have signed contracts with the Norwegian grocery distributor ASKO to equip two new all-electric vessels with autonomous technology, and to manage their operations at sea.ASKO, which currently transports its cargo by more than 800 trucks daily, is investing heavily in environmentally friendly technologies such as electric and hydrogen-powered vehicles.
LR Publishes Guidance on Methanol Bunkering
As stakeholders across the maritime industry assess future fuel options in support of the International Maritime Organisation’s 2030 and 2050 greenhouse gas reduction ambitions, Lloyd’s Register (LR) and the Methanol Institute (MI) have produced a Bunkering Technical Reference on Methanol, which is among the future fuels receiving close attention.The new guidance outlines the procedures required for…
PHOTO: SWS Shipyard Launches FPSO Prosperity Hull
China's Shanghai Waigaoqiao Shipbuilding (SWS) shipyard has delivered another Guyana-bound FPSO hull for the Dutch FPSO specialist SBM Offshore.Following the delivery of the Liza Unity hull in late 2019, SWS on Monday delivered the Liza Prosperity hull, the second hull built under SBM Offshore's Fast4Ward standardized-FPSO-hull program. The construction of the FPSO Prosperity hull started in January…
Two Mauritians Killed in Collision Near Site of Japanese Ship Oil Spill
Two crew members from a tugboat involved in cleaning up an oil spill off Mauritius were killed late on Monday when their vessel collided with a barge in bad weather, a local lawmaker said.Four other members of the crew were rescued by helicopter and two were still missing, Mahend Gungerpersad, a member of parliament for the opposition Labour Party, told Reuters on Tuesday."This incident is going to add to the prevailing anger…
BIMCO: Agriculture Exports Make "Stunning Comeback"
BIMCO notes stunning comeback to Q2 agricultural exports nearly triple freight ratesAs agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates.While total agricultural export volumes are now solidly up in the first half of the year…
Kanagawa Dockyard Delivers Tug to Adani Vizhinjam Port
Kanagawa Dockyard Co. Ltd, Kobe, Japan delivered the tug, Dolphin No. 29 on August 19, 2020, the fourth, in a series of 13 tugs, built for Adani Group. The tug will be engaged in mooring and towing work for berthing and un-berthing at the Adani Vizhinjam Port and on the coast of India.The tow tug has a 55t BP capacity and is equipped with diesel propulsion engines totaling 4,400 PS and Z-drive propellers.
Maersk to Slash Jobs in Major Reorganization
Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant's staff as it seeks to integrate its seaborne container and in-land logistics businesses, it said on Tuesday.Maersk, which handles about one in five containers shipped worldwide, has been under pressure from investors to speed its transformation from an unwieldy conglomerate but has proved resilient in the face of the COVID-19 pandemic.Cost cuts and its reinstatement of more upbeat guidance last month have he
US Preparing Tighter Oil Sanctions on Venezuela
The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday, by potentially removing exemptions that allow some oil companies to exchange Venezuelan crude for fuel from the OPEC member.U.S. President Donald Trump has ramped up sanctions on Venezuela's state-run PDVSA, its key foreign partners and customers since it first imposed measures against the company in early 2019…
'K' Line to Trial CO2 Capture
Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line) said it will conduct test operations and measurements for a small scale ship-based CO2 capture system…
New Riverboat Delivered to American Cruise Lines
American Cruise Lines announced it has taken delivery of a new riverboat from Chesapeake Shipbuilding in Salisbury, Md.The 190-passenger American Jazz is the latest in American’s series of five new modern riverboats and will be added to the company’s fleet on the Mississippi River. American’s building plans have continued at full strength, despite this year’s pause in cruising.“American Jazz and the…
